ERA Realty Center, Cedar City, Utah

Archive for the month “September, 2017”

What is “Autumn eight?” Find Out In Your Matt Bagley Team Fall 2017 Real Estate Newsletter!

We are experiencing cooler temperatures and seeing gorgeous autumn leaves! That means it is time for “preventive maintenance” on your home to save you “unexpected expenses or emergency repairs,” and it “may also reduce energy costs” according to Sept/Oct 2017 article in “The Residential Specialist.” Here is their checklist:

“INTERIOR 1. Get your furnace inspected: Hire a professional to check for any leaks, replace the filter if needed and check heating efficiency. 2. Winterize air conditioning: If you live in areas where the temperature changes drastically and it snows, ensure that your external air condition unit is properly covered. This is a good maintenance tip to increase the life expectancy of the unit. 3. Draft-proof your home: Check around the edges of your windows and doors to detect any possible air leaks. If required, repair the caulking and replace seals to prevent heat loss. 4. Test your home safety devices: Make sure that your smoke detectors and carbon monoxide detectors are up and running. This is extremely important and should not be overlooked. Replace batteries, if needed.”

“EXTERIOR: 5. Roof check: Do a visual inspection of your roof using binoculars. If you spot missing or damaged shingles, it’s time to get them fixed. 6. Inspect home exterior: Check for cracks and holes and repair them or hire a professional. 7. Clean the gutters: Remove all leaves and debris to ensure that the gutters are clear. Check for any possible leaks. 8. Examine your surroundings: Check for any damaged trees that could pose a potential hazard, trim landscaping, close your pool and put away any seasonal furniture and yard equipment.” Note: “This article was provided by Pillar to Post home inspectors. For more information, go to pillartopost.com.”

Of course, in our area, it is important to also WINTERIZE sprinkling systems, evaporated coolers and everything else that might freeze. If the home is vacant, WINTERIZE plumbing and pipes and leave on some heat.

Everywhere we go, people want to know, “How’s the market?” It is awesome and steady. It is a great market to sell and buy! It is difficult to predict if prices will continue to rise steadily. “The Price is Not Quite Right” is an article in the same real estate magazine quoted above. “Home prices are nationally the highest they have ever been–but adjust for inflation, and that story changes.” “Adjusting for inflation, this “new peak” is still 15 percent below the high in 2006. And the new peak isn’t the rule across the country–only 41 of the nation’s largest 100 metros saw home prices grow to new peaks, despite the fact that 97 of the 100 metros saw home price growth overall.”

In our Cedar City area, Iron County statistics show a 17.1% increase in closed sales in 2017 over 2016 in the latest published Utah Association of REALTORS Local Market Updates by County. The Median Sales Price has risen year to date (YTD) 18.7% to $189,900. See attached report for details and for every county and the entire state. Our local real estate market is great and is expected to continue. Many homes are selling in all price ranges. Some lots are selling and there is new construction. Commercial and development land sales are not fast sellers but are selling.

Inventory is still low in our area. Even more homes would be selling if available on the market. According to Lawrence Yun, NAR chief economist, the country is experiencing a big inventory shortage. More new construction would be helpful.

If you want to sell your home or any real estate in this market, top marketing is required. Our Team is doing that for you as we aggressively market! If your home or other real estate is not sold in 30 days, a market adjustment in price may be needed. Please contact our Team today for a market overview and for hints as to how to prepare your home for showings. Marketing, pricing and staging are all important for top dollar quickly which is what you want!

Please contact your Matt Bagley Team at 435-865-1019 at ERA Realty Center today for your free real estate consultation! We want your realty dreams to become reality and we give top service and expertise to make that happen! What are your questions? Concerns? You can also email bagleyteam@gmail.com or text or call Matt Bagley at 435-590-8788; Jennifer Corral at 435-559-0366; or Janet Naisbitt-Bagley at 435-559-7772. We are your top Team! What else can we do to always give you top-trained, experienced and professional expertise and service! We love hearing from you